2012 TND to RON Historical Review

YEARLY HIGH

2.3449 RON

YEARLY LOW

2.1533 RON

YEARLY AVERAGE

2.2210 RON

2012 TND to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TND to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 2.3449. Conversely, the yearly low was recorded on April 29, dropping to 2.1533.

This high-to-low spread represents a total annual volatility of 0.1916 RON. From a start-to-finish perspective, comparing the January average rate of 2.2246 to the December average rate of 2.1891, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.3449 was up 3.45% compared to the 2011 peak of 2.2667, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 11,724 RON

2011 Average 10,831 RON

Yearly Trough Low 10,767 RON

Transaction Impact: A difference of 957.77 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.2989

2.1711

JanuMarcMayJulySeptNove

TND to RON Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.2026, compared to 2.2393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 2.2026

H2 Avg (Jul–Dec) 2.2393

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.1264 RON (High: 2.3449 / Low: 2.2185). On the other end, March was the most stable month, with a tight range of 0.0270 RON (High: 2.2067 / Low: 2.1796).

July Spread (Volatile) ±0.1264

March Spread (Stable) ±0.0270

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0422 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 2.2882) against the same month in 2011 (average: 2.1539), the exchange rate shifted by +0.1343 (+6.23%).

2012 Avg (July) 2.2882

2011 Avg (July) 2.1539

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2546	2.1944	2.2246
February	2.2132	2.1644	2.1924
March	2.2067	2.1796	2.1901
April	2.2093	2.1533	2.1818
May	2.2361	2.1699	2.2012
June	2.2436	2.2068	2.2258
July	2.3449	2.2185	2.2882
August	2.3370	2.2191	2.2636
September	2.2380	2.2063	2.2214
October	2.2543	2.2246	2.2445
November	2.2425	2.2070	2.2291
December	2.2275	2.1565	2.1891